Comorian Franc in Kenyan Shilling

KMF Comorian Franc

Country of application:
Comoros

Coin denominations in circulation:
25, 50, 100, 250 francs.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10000 francs.

History reference:
The Comorian franc is the currency of the state of Comoros. Comoros is a small island nation located in the Indian Ocean off the eastern coast of Africa. 3 languages are recognized as official here: ...French, Comorian, Arabic, which is reflected in the inscriptions on banknotes and coins of Comoros. The Comoros entered the franc zone in 1976. The name of the national currency is borrowed from the former metropolis, which is quite typical for states that were former colonies of France. The Comorian franc was put into circulation almost immediately after the countrys independence, replacing the French colonial franc. The Central Bank of Comoros, which is the main and only issuer of the national currency in the country, exchanged French colonial francs for the national currency at a ratio of one to one. But the relatively high exchange rate of the Comorian franc did not last long. During the period of the 80-90s of the last century, as a result of inflationary processes, it depreciated quite a lot, after which smaller denominations and coins were withdrawn from circulation.

KES Kenyan Shilling

Country of application:
Kenya

Coin denominations in circulation:
1, 5, 10, 20 shillings.

Denominations of banknotes in circulation:
50, 100, 200, 500 and 1000 shillings.

History reference:
The national currency of Kenya is the Kenyan shilling. Import and export of foreign currency to Kenya is not limited. You can exchange it without any problems for local Kenyan francs, starting from t...he international airport, at branches of Kenyan banks, Kenyan exchange offices at large hotels. Accepted in the country and the main international travelers checks, and payment cards. The Kenyan shilling is one of the most stable currencies in East Africa. In fact, they often circulate in neighboring countries with less stable currencies, such as Sudan and Somalia. Although the exchange rate of the Kenyan shilling is less volatile compared to other regional currencies, it has generally weakened against the US dollar over the past decade.